GBP/USD: Sterling trading flat in the Asian session

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.5609. In the Asian session, at GMT0300, the pair is trading at 1.5604, with the GBP trading marginally lower from yesterday’s … Continue reading

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GBP/USD: Pound trading slightly higher, after UK housing prices rose in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.5617, after the UK’s ILO unemployment rate remained unchanged at 5.60% in the April-June 2015 period, in line with market expectations. … Continue reading

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GBP/USD: Pound trading lower ahead of UK’s ILO unemployment rate

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP marginally declined against the USD and closed at 1.5583. In the Asian session, at GMT0300, the pair is trading at 1.556, with the GBP trading 0.15% lower from yesterday’s … Continue reading

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GBP/USD: Pound falls after the retail sales in the UK across all sectors advanced in July

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.59% against the USD and closed at 1.5587. In the Asian session, at GMT0300, the pair is trading at 1.5561, with the GBP trading 0.16% lower from yesterday’s … Continue reading

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GBP/USD: Pound trading lower this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.5489, after Britain’s total trade deficit widened to £1.60 billion in June, compared to previous month’s revised deficit of £0.88 billion … Continue reading

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GBP/USD: Pound closed on a negative footing after the BoE kept its interest rates intact

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.5511, after the BoE’s minutes for its latest meeting revealed that only one MPC member was in favour of an interest … Continue reading

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GBP/USD: Pound trading higher ahead of the BoE Minutes

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.5602. However, Britain’s services PMI dropped to a five-month low of 57.4 in July, lower than market projections of the index … Continue reading

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GBP/USD: UK economy expected to slow down in Q3, indicated the NIESR

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.12% against the USD and closed at 1.5568 after UK’s construction PMI unexpectedly fell to a level of 57.10 in July, following a four-month high of 58.10 in … Continue reading

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GBP/USD: Pound trading higher ahead of Britain’s construction PMI data

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.28% against the USD and closed at 1.5587. In economic news, the manufacturing PMI rose to a level of 51.90 in July, beating market expectations of a rise … Continue reading

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GBP/USD: Pound trading marginally higher ahead of Britain’s manufacturing PMI data

GBPUSD Movement On Friday, the GBP marginally rose 0.11% against the USD and closed at 1.5613. In the Asian session, at GMT0300, the pair is trading at 1.5622, with the GBP trading a tad higher from Friday’s close. The pair … Continue reading

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GBP/USD: Pound reverses its losses this morning

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP fell 0.06% against the USD and closed at 1.5597. In the Asian session, at GMT0300, the pair is trading at 1.5608, with the GBP trading 0.08% higher from yesterday’s … Continue reading

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